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Pokerstars Launches TCOOP

Pokerstars released schedule for its third annual TCOOP.
Isle of Man-based online poker company Pokerstars has released the schedule for its third annual Turbo Championship of Online Poker , which will take place from January 23 to February 2 and guarantee $15 million across 50 events.
The headline tournament is the $700 buy-in NL Hold’em Main Event on February 2, which features a $2 million guaranteed prize pool and at least $300,000 for first place.
Other highlights of the festival include a $2,100 buy-in NL Hold’em High Roller event (also Feb 2) with a $1 million guaranteed prize pool, and two opening day events - $27 buy-in NL Hold’em [6-Max] and a $215 buy-in NL Hold’em [Knockout] - that both feature $750,000 guarantee prize pools.
For recreational players who have less time to play, and professional players looking to improve their hourly rate, TCOOP offers one major advantage over other online festivals – the pace of the action. During the previous two TCOOP festivals, the average time it took for a player to ‘cash’ was just 2 hours 10 minutes, while the quickest tournament ever was in a hyper-turbo that took just 1 hour 37 minutes.
In common with every major Pokerstars festival, there are additional prizes available for players who do consistently well during the series, with a Player of the Series Leader Board rewarding the top players handsomely.
PokerStars is running online qualifiers to every event in the TCOOP series, with cash buy-ins starting from $0.22 and Frequent Player Point buy-ins from 5 FPP.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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